640-650 E Grapefruit Ave - Residential Income FOR SALE


Lake Alfred, FL 33850
$899,800 USD
847-942-8165
640-650 E Grapefruit Ave, Lake Alfred, FL for Sale
$899,800 USD
Residential Income - FOR SALE
1/20
null | 6.24% Cap Rate

640-650 E Grapefruit Ave
Lake Alfred, FL 33850


OVERVIEW

Beautifully built - 2 sets of duplexes ( 4 total) Upgraded appliances.. below market rent- great for investor who is looking to live on the property as well. One unit is month to month and the rest all expire within the next year for possible uplift in rent.. Please note. DO NOT DISTURB TENANTS.

FOR SALE DETAILS

PRICE

$899,800 USD

PRICE/SF

$306 USD /SF

CAP RATE

6.24%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

RS2

APN/PARCEL ID

26-27-28-493500-001130,26-27-28-493500-001141

ASK ABOUT THIS PROPERTY

Bryce BowdenTurner Cole Company Real Estate ServicesMore Info
847-942-8165

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Bryce BowdenTurner Cole Company Real Estate ServicesMore Info
847-942-8165

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.